Monthly Rent Report
Garfield Park Rent Report — December 2024
Asking rents in ZIP 60624, Chicago, from 95 listings.
Median 1BR rent in Garfield Park was $1,175 in December 2024, up 23.7% (+$225) from November 2024 and up 20.8% year-over-year. The middle half of 1BR listings asked between $1,175 and $1,175. That puts Garfield Park $475 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 95 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | +$475 (+57.6%) | +$500 (+62.5%) | $1,250 – $1,350 | 2 |
| Studio | $1,050 | +$225 (+27.3%) | +$250 (+31.3%) | $1,050 – $1,050 | 1 |
| 1BR | $1,175 | +$225 (+23.7%) | +$203 (+20.8%) | $1,175 – $1,175 | 6 |
| 1BR | $900 | −$50 (-5.3%) | −$72 (-7.5%) | $900 – $900 | 1 |
| 2BR | $1,430 | +$68 (+5.0%) | −$70 (-4.7%) | $1,275 – $1,500 | 23 |
| 2BR | $1,350 | −$12 (-0.9%) | −$150 (-10.0%) | $1,350 – $1,350 | 2 |
| 3BR | $1,680 | −$70 (-4.0%) | +$1 (+0.1%) | $1,680 – $1,715 | 3 |
| 3BR | $1,725 | −$25 (-1.4%) | +$46 (+2.7%) | $1,600 – $1,900 | 42 |
| 4BR | $2,948 | +$998 (+51.2%) | +$823 (+38.7%) | $2,296 – $3,500 | 4 |
| 4BR | $2,948 | +$998 (+51.2%) | +$823 (+38.7%) | $2,296 – $3,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Garfield Park vs. Chicago — December 2024
| Bedrooms | Garfield Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,385 | −$85 (-6.1%) |
| Studio | $1,050 | $1,385 | −$335 (-24.2%) |
| 1BR | $1,175 | $1,650 | −$475 (-28.8%) |
| 1BR | $900 | $1,650 | −$750 (-45.5%) |
| 2BR | $1,430 | $1,953 | −$522 (-26.8%) |
| 2BR | $1,350 | $1,953 | −$602 (-30.9%) |
| 3BR | $1,680 | $2,395 | −$715 (-29.9%) |
| 3BR | $1,725 | $2,395 | −$670 (-28.0%) |
| 4BR | $2,948 | $2,850 | +$98 (+3.4%) |
| 4BR | $2,948 | $2,850 | +$98 (+3.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.